MQVP filed for Chapter 7 bankruptcy on July 18 and will liquidate its assets. The aftermarket parts certifying body MQVP Inc. filed for Chapter 7 bankruptcy in United States Bankruptcy Court in the Eastern District of Michigan on July 18. Bankruptcy judge Marci B. McIvor granted the Michigan based company’s motion to convert its original […]
Missouri and North Carolina Get New Salvage Laws
The legislatures of Missouri and North Carolina have both had salvage vehicles on their agenda this year, and it looks like they will both soon have new laws as a result. Introduced in April, North Carolina House Bill 1152 is aimed squarely at total loss and reconstructed vehicle disclosure. The bill proposes requirements to not […]
Collision Industry Conference Report – Part 1 of 2
The first day of the two-day meeting presented a debate over refinish labor calculations and a lively panel discussion looking at estimating issues between repairers and insurers. The Collision Industry Conference (CIC) visited Nashville on April 8-9. The meeting was attended by over 200 people from all segments of the industry. Among the topics discussed […]
Massachusetts Court Upholds Shop’s Right to a Reasonable Labor Rate
In what is believed to be the first court ruling in Massachusetts where a court upheld in a first party claim the right of a policyholder to be paid a labor rate other than what the insurer set, District Court Judge Paul V. Buckley, Jr. ruled that Arbella Mutual Insurance Company must pay its insured […]
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